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TRON News in Philippines

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Justin Sun: Over 95% of the USDJ supply has been bought back at a premium, leaving only about $200,000 worth of USDJ on the market.

Justin Sun: Over 95% of the USDJ supply has been bought back at a premium, leaving only about $200,000 worth of USDJ on the market.

PANews reported on November 18th that Justin Sun announced that the USDJ liquidation will be carried out according to the principle of 100% 1:1 guaranteed redemption for users before the snapshot. USDJ, a decentralized stablecoin on the Tron network, is an older version of the SAI project. The official liquidation process took over a year, and more than 95% of the USDJ was redeemed at a price higher than 1. Currently, only about $200,000 worth of USDJ remains on the market, and this portion will also be permanently redeemed at a 1:1 ratio to ensure the safety of user assets. Justin Sun stated that USDJ will serve as a decentralized TRX exchange contract, and the bottom line during the liquidation is to ensure that all users do not suffer losses. The system closed at 10 PM Beijing time on November 17th, and the final value of USDJ was 1.55 TRX. Future fluctuations will be driven by the price of TRX, but will be unrelated to the actual liquidation value for users. He explained that the reason for the liquidation was due to the technological upgrade of centralized stablecoins; USDJ's code was outdated, and the team planned to focus on the development of USDD, hence the decision to liquidate USDJ. Users need not worry about asset security or loss of value; the liquidation plan ensures the rights of all users. Previously, JUST DAO issued an announcement regarding the market adjustment and orderly exit of USDJ .
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Author: PANews2025/11/18 15:58
Just DAO’s Strategic Move To TRX Conversion

Just DAO’s Strategic Move To TRX Conversion

The post Just DAO’s Strategic Move To TRX Conversion appeared on BitcoinEthereumNews.com. In a surprising turn of events, the Just DAO has announced the discontinuation of its USDJ stablecoin, sending ripples through the DeFi community. This strategic decision marks a significant shift for Tron network participants who have relied on this stable asset for their decentralized finance operations. Why is the USDJ Stablecoin Being Discontinued? The Just DAO, which governs DeFi protocols on the Tron network, made this crucial decision after careful consideration of market dynamics. The USDJ stablecoin served as a fundamental component of Tron’s DeFi ecosystem, but evolving regulatory landscapes and changing user preferences necessitated this transition. Therefore, the DAO is implementing a structured phase-out plan to ensure minimal disruption to users. Understanding the TRX Conversion Process The conversion mechanism offers USDJ holders a straightforward path to transition their assets. At the established rate of 1.5532 TRX per 1 USDJ, users can seamlessly convert their stablecoin holdings. This conversion rate was determined through careful analysis of market conditions and aims to provide fair value to all participants. Simple Conversion: Users can convert USDJ to TRX through official Just DAO platforms Transparent Rate: The 1.5532 TRX conversion rate remains fixed throughout the transition period Time-Sensitive: Conversion windows are limited, requiring prompt action from holders What Does This Mean for DeFi Investors? For investors and users within the Tron ecosystem, this development presents both challenges and opportunities. The discontinuation of USDJ stablecoin might initially cause uncertainty, but the structured conversion process ensures asset protection. Moreover, this move could signal broader changes in how decentralized organizations manage their stablecoin offerings across various blockchain networks. Navigating the Transition Period Current USDJ holders should immediately review their positions and understand the conversion timeline. The Just DAO has established clear guidelines for the conversion process, emphasizing user security and transaction efficiency. However, users must remain vigilant…
TRON Declines At The $0.30 Threshold

TRON Declines At The $0.30 Threshold

The post TRON Declines At The $0.30 Threshold appeared on BitcoinEthereumNews.com. Nov 16, 2025 at 16:30 // Price The price of TRON has been prevented from falling below the moving average lines by support at the 50-day SMA. TRX price long-term forecast: bearish A break below the 50-day SMA support would signal the continuation of selling pressure. However, the cryptocurrency has dropped from a high of $0.368 to a low of $0.276. According to projections, TRON price will continue its downward trend. On September 1, a candle body retraced and approached the 38.2% Fibonacci retracement line. The upward correction suggests that TRX will fall to the 2.618 Fibonacci extension level, or a low of $0.184. At the time of writing, the altcoin is valued at $0.292. Technical Indicators  Key Resistance Zones: $0.40, $0.45, and $0.50  Key Support Zones: $0.20, $0.15, and $0.10 TRX price indicator analysis The weekly chart shows that the price bars have fallen between the moving average lines. On the downside, if the cryptocurrency falls below its 50-day SMA support, selling pressure will resume. On the upside, a break above the 21-day SMA would allow the cryptocurrency to resume its upward trajectory. On the 4-hour chart, the price bars are above the upward-sloping moving average lines. What is the next move for TRON? TRON has dropped below the moving average lines on the 4-hour chart. The cryptocurrency price is trading above the $0.29 support level but below the moving average lines. Today, the 50-day SMA barrier rejected the upward correction. TRON will continue to fall if the $0.29 support level is broken. Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not…